AI Insights · Timothy · October 2022
Top 5 Finance Apps Performance in El Salvador for Q3 2022
Explore the performance trends of the top 5 finance apps in El Salvador during Q3 2022, including downloads, active users, and revenue data from Sensor Tower.
In the third quarter of 2022, the top 5 finance applications in El Salvador showed varying trends in downloads and active users. Here’s a closer look at how these apps performed on a unified platform, according to data from Sensor Tower.
Chivo Wallet saw a notable rise in weekly downloads, starting at around 10.6K in late June and peaking at approximately 13.8K by mid-September. Active users also displayed a steady increase, reaching a high of 447K in the week of September 12, before slightly declining to around 424K by the end of the quarter.
Bancoagrícola experienced fluctuations in weekly downloads, with a peak of about 11.9K in late July and a low of around 3.9K in early August. Active users for Bancoagrícola remained relatively stable, ranging between approximately 123K and 157K throughout the quarter.
OPTO showed varied weekly download numbers, starting at around 6.9K in late June and reaching a peak of approximately 10.2K in late August. The downloads then tapered off to about 5.7K by the end of September.
Tigo Money El Salvador had a peak in weekly downloads of approximately 10.2K in mid-July, followed by a downward trend to around 3.5K by the end of September. Active users showed a slight decline from around 59.6K in late June to approximately 51.7K at the end of the quarter.
Banca Móvil BAC experienced a peak in weekly downloads of about 5.6K in late July, with numbers fluctuating around 4K to 5K for the rest of the quarter. Active users remained fairly consistent, peaking at around 254K in late August and ending the quarter at approximately 235K.
For more detailed insights and data trends, visit Sensor Tower.
